Nathaniel Harris
Need help is it worth spending $1500 a month for 6.5 months
29 August 2019 | 10 replies
I need help with deciding is it worth spending $1500 a month for 6.5 months on a coaching/partnership deal.
Owen Brown
Questions for Arizona purchase
14 September 2019 | 11 replies
Assuming the LLC is set up as a partnership for taxation (likely) then the IRS considers the revenue as personal income...while the CRA considers it Corporate income.
Justin Schoemehl
Should I start up an LLC if I am going into business with someone
30 December 2019 | 9 replies
When you add two people to an LLC then it creates a partnership with the IRS and you will need to file a form 1065 annually as well, in addition to your personal 1040 returns.
Estefania Navas
HOA To Conventional loans
9 November 2022 | 14 replies
Everyone will say watch out for triggering the Due on Sale clause, but that is so rare, and as you have already alluded to, the solution is just refinance.
Brinkley Quinnie II
Best contract for partners for flipping a property
29 January 2020 | 2 replies
If your using an entity there should be an attached operating or partnership agreement.. if you using personal names it would be easier to use joint venture agreement especially for flips.
Nicolas Ake
HELOC in a LLC, tax question
30 January 2020 | 4 replies
Contributing property to a partnership isn't just like a single member LLC where you can transfer back and forth without impact.
Jackie Mesa
Hard Money Lenders - typical wait time
17 April 2020 | 15 replies
As far as time frames its a equal partnership between the lender and the borrower.
Andrew Boyer-Kern
Is the money on a Cash Out Refinance taxed in MN?
10 February 2020 | 2 replies
If it is owned in an LLC taxed as a partnership the general answer is no but it could be taxable.
Zee Ayezain
Solar Panels PPA on a 3 unit multi-family rental property?
26 February 2020 | 5 replies
I've been hesitant to pull the trigger worried there is something I'm missing.
Chris Levarek
Is Rent Control a Necessary "Evil"?
28 February 2020 | 60 replies
Here in the rust belt, where we are *lucky* when the market permits a rent increase, I think that I might be quicker to pull the trigger if there were a yearly cap.